Clean Surplus
Subtitle: A Link Between Accounting and Finance (Routledge New Works in Accounting History)
Edition: 1 edition
Publisher: Routledge
Published: February 1, 1996
Language: eng
Format: Hardcover
Number of pages: 291
ISBN-13: 9780815322511
Subjects: Accounting; General; Accounting (General); Business & Economics; Business / Economics / Finance; Business/Economics; Goodwill (Commerce); Accounting - General; Business & Economics / General; Clean surplus (Accounting)
First sentence: The accountant is not actually asked to express a definite opinion upon either of these points, for it is obviously the business of each intending stockholder to answer these questions to his own satisfaction before applying for shares, but it is pointed out that the accountant's certificate forms almost the sole basis upon which the stockholder can judge of the prospects of the proposed company, and it is therefore argued that it should be the accountant's aim to so conduct his investigation, and so frame his certificate, that the materials necessary for a correct judgement may be placed before the public.